
After months of talk about a fare hike, the MTA has released details about exactly how much fares could go up next summer.
According to the agency, the exact amount of the increase could depend on what kind of MetroCard you buy.
One proposal would raise the $2.00 base fare to $2.25 for pay-per-ride MetroCards, and $3.00 [...]
December 30, 2008 | Posted in
Transportation |
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A newly elected Manhattan judge has been suspended before she even takes the bench.
The Court of Appeals suspended New York County Surrogate Court Judge Nora Anderson on Monday until charges against her are resolved.
Anderson is accused of falsifying business records and violating campaign contribution limits.
She was elected in November and was supposed to begin her [...]
December 30, 2008 | Posted in
News |
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Former NYPD top cop Bernard Kerik pleaded not guilty Monday to new charges of falsifying income tax records and not declaring a BMW luxury car he got as payment for consulting services.
The added charges involve falsifying statements on loan applications and his role in preparing false tax returns for 2002 and 2005. He was initially [...]
December 30, 2008 | Posted in
News |
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Assemblyman Sam Hoyt is gung-ho for getting high-speed rail system to New York.
Hoyt wrote a letter to President-elect Barack Obama, asking for a portion of the proposed $500 billion stimulus package (which includes signifcant funding for infrastructre improvements) to include funding for a high-speed rail between New York City and Buffalo.
Hoyt recently penned an op-ed [...]
December 30, 2008 | Posted in
Sam Hoyt |
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Property taxes and hotel rates are set to increase after Mayor Bloomberg grudgingly signed two tax hikes into law yesterday.
Property-tax bills, which were sent out over the last week and are due Jan. 30, will increase by 7 percent, to raise nearly $600 million.
The spike will be offset by the $400 rebates that were mailed [...]
December 30, 2008 | Posted in
Michael Bloomberg |
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MTA-managed pension funds have lost approximately $500 million this year because of tanking investments in the Wall Street meltdown, the agency says.
The funds dropped an estimated 25% in value between January and Nov. 30, Metropolitan Transportation Authority Chief Financial Officer Gary Dellaverson said.
While the MTA still can pay retiree benefits, the losses have exacerbated the [...]
December 24, 2008 | Posted in
Transportation |
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The MTA has said all along it needs to raise fares to close its massive budget gap and now they’re saying just how much those fares could go up.
Under the plan, riders can expect to shell out as much as $3 for a subway or bus fare, along with big increases for weekly or monthly [...]
December 23, 2008 | Posted in
Transportation |
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Hiram Monserrate’s girlfriend wants prosecutors to drop assault charges against the embattled Queens pol, despite telling cops last week that he slashed her in a jealous rage, law enforcement sources said yesterday.
Karla Giraldo told cops Monserrate cut her face with a broken drinking glass after he discovered she had another man’s police union card in [...]
December 23, 2008 | Posted in
News |
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There’s no doubt Caroline Kennedy is wealthy. As part of one of America’s most famous and well-off families, she counts ties to exclusive properties and institutions that date back generations.
With a bid for public office, many of those sensitive links normally become public, as they have for others vying for Hillary Clinton’s seat.
But not for [...]
December 23, 2008 | Posted in
Caroline Kennedy |
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The State Commission on Judicial Conduct recommended on Monday that Judge-elect Nora S. Anderson be suspended when she takes office next month in Manhattan Surrogate’s Court and that she not exercise judicial power until charges that she violated campaign-finance laws are settled.
The commission said in a letter to the Court of Appeals, the state’s highest [...]
December 23, 2008 | Posted in
News |
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